SAIC fines direct-selling company, Nu Skin
Updated: 2014-03-24 18:23
By Yao Jing (chinadaily.com.cn)
|
|||||||||||
|
 |
|
Customers visit a store of Nu Skin in Shanghai, Jan 22, 2014. [Photo/icpress] |
US-based direct-selling company Nu Skin has been fined 3.26 million yuan ($525,950) for distributing products that were not registered for direct sale, the State Administration for Industry and Commerce said on Monday.
Nu Skin China was also penalized 100,000 yuan for product claims that were deemed to lack sufficient documentary support.
The company said six sales employees were also fined a total of 1.5 million yuan for unauthorized promotional activities.
Nu Skin China was asked to enhance the education and supervision of sales representatives, the SAIC said.
The company is taking steps to correct the issues raised in the SAIC reviews, and is not aware of any other material enforcement investigations currently pending in China, according to a statement from Nu Skin.
In January, People's Daily accused the New York-listed company of exaggerating its influence and creditworthiness in company brochures by presenting advertising as news reports, and of organizing "brainwashing" gatherings.
|
|
 |
Related Stories
China authorities probe Nu Skin 2014-01-17 09:28
Nu Skin sees $1b in sales for anti-aging products 2013-04-18 09:49
Nu Skin new president 2007-05-30 17:19
Nu Skin expects to enter Beijing market 2006-08-14 16:24
Nu Skin 2nd-quarter revenue hits US$53.9m 2006-08-08 15:56
Nu Skin to expand for direct sales 2006-08-04 11:03
Today's Top News
Flight MH370 'ended in south Indian Ocean'
Ukraine recalls troops in Crimea
Xi uses light touch in quest for new major-country ties with US
China, US to boost military ties
China, the Netherlands seek closer co-op
Egypt court sentences 528 to death
Crimea is part of Russia: Belarus
Images may help solve jet mystery
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|